Expert Predicts New Exchange Rates as Naira Crashes in Black Market, Rises 5.38% in Official Window

Expert Predicts New Exchange Rates as Naira Crashes in Black Market, Rises 5.38% in Official Window …C0NTINUE READING HERE >>>

The Nigerian currency, the naira, gained about N89 against the US dollar in the official market on Monday, October 14, 2024The naira appreciated to N1,551.92 per dollar as against the N1,641 it traded on Friday, October 11, 2024, representing a 5,38% gainHowever, the naira collapsed in the parallel market to an all-time low of N1,700 per dollar

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The Nigerian currency, the naira, appreciated 5.38% in the official Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday,…

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